DXC Technology Sees FY25 Adj. EPS $2.50-$3.00 vs $3.49 Est., Revenue $12.67B-$12.95B vs $13.19B Est.
Portfolio Pulse from Benzinga Newsdesk
DXC Technology has provided its financial guidance for FY25, projecting adjusted EPS between $2.50 and $3.00, which is below the estimated $3.49. The company also expects revenue to be in the range of $12.67 billion to $12.95 billion, falling short of the estimated $13.19 billion.
May 16, 2024 | 8:42 pm
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DXC Technology's FY25 financial guidance is below market expectations, with adjusted EPS projected at $2.50-$3.00 compared to the estimated $3.49, and revenue expected to be $12.67 billion to $12.95 billion versus the estimated $13.19 billion.
The lower-than-expected financial guidance for FY25 is likely to negatively impact investor sentiment and the stock price of DXC Technology in the short term. The projected adjusted EPS and revenue both fall short of market estimates, indicating potential challenges in the company's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100